koperwiek: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
koperwiek
Largest movements
- Cash -€44,679
down €44,679 (-100%), from €44,679 to €0
mainly Debts after one year (-€27,729) and Advances received (-€22,202)
- Tangible fixed assets -€11,983
down €11,983 (-25.0%), from €47,994 to €36,011
of which Leasing and similar rights: -€11,358
- Stocks and contracts -€11,857
down €11,857 (-35.8%), from €33,132 to €21,275
of which Contracts in progress: -€25,000
- Receivables within one year +€5,571
up €5,571 (+8.5%), from €65,694 to €71,266
of which Other amounts receivable: +€3,464
- Intangible fixed assets -€4,721
down €4,721 (-32.8%), from €14,409 to €9,688
- Debts after one year -€27,729
down €27,729 (-31.2%), from €89,013 to €61,284
of which Financial debts: -€18,263
- Advances received -€22,202
down €22,202 (-67.7%), from €32,808 to €10,606
- Short-term financial debts +€17,165
new in 2025: €17,165
- Trade debts -€13,905
down €13,905 (-24.9%), from €55,761 to €41,856
- Tax, wage and social debts -€11,775
down €11,775 (-98.7%), from €11,927 to €152
- Gross operating margin +€23,320
up €23,320, from -€864 to €22,456
- Financial charges +€3,834
up €3,834 (+57.9%), from €6,620 to €10,454
- Depreciation +€1,950
up €1,950 (+13.2%), from €14,755 to €16,704
- Other operating charges +€242
up €242 (+14.8%), from €1,636 to €1,878
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Derived cash bridge
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €208,071 | €139,690 | -€68,381 | -32.9% |
| Fixed assets | 21/28 | €62,404 | €45,699 | -€16,704 | -26.8% |
| Intangible fixed assets | 21 | €14,409 | €9,688 | -€4,721 | -32.8% |
| Tangible fixed assets | 22/27 | €47,994 | €36,011 | -€11,983 | -25.0% |
| Plant, machinery and equipment | 23 | €997 | €545 | -€452 | -45.3% |
| Furniture and vehicles | 24 | €173 | €0 | -€173 | -100% |
| Leasing and similar rights | 25 | €46,824 | €35,466 | -€11,358 | -24.3% |
| Current assets | 29/58 | €145,667 | €93,991 | -€51,676 | -35.5% |
| Stocks and contracts in progress | 3 | €33,132 | €21,275 | -€11,857 | -35.8% |
| Stocks | 30/36 | €8,132 | €21,275 | +€13,143 | +162% |
| Contracts in progress | 37 | €25,000 | €0 | -€25,000 | -100% |
| Amounts receivable within one year | 40/41 | €65,694 | €71,266 | +€5,571 | +8.5% |
| Trade receivables | 40 | €59,870 | €61,978 | +€2,107 | +3.5% |
| Other amounts receivable | 41 | €5,824 | €9,288 | +€3,464 | +59.5% |
| Cash at bank and in hand | 54/58 | €44,679 | €0 | -€44,679 | -100% |
| Deferred charges and accrued income | 490/1 | €2,162 | €1,450 | -€711 | -32.9% |
| Total equity and liabilities | 10/49 | €208,071 | €139,690 | -€68,381 | -32.9% |
| Equity | 10/15 | -€3,246 | -€13,751 | -€10,505 | -324% |
| Contributions | 10/11 | €6,200 | €3,100 | -€3,100 | -50.0% |
| Reserves | 13 | €0 | - | = | |
| Distributable reserves | 133 | €0 | - | = | |
| Profit (loss) carried forward | 14 | -€9,446 | -€16,851 | -€7,405 | -78.4% |
| Amounts payable | 17/49 | €211,317 | €153,441 | -€57,875 | -27.4% |
| Amounts payable after more than one year | 17 | €89,013 | €61,284 | -€27,729 | -31.2% |
| Financial debts | 170/4 | €45,117 | €26,854 | -€18,263 | -40.5% |
| Other amounts payable | 178/9 | €43,896 | €34,429 | -€9,466 | -21.6% |
| Amounts payable within one year | 42/48 | €122,303 | €92,157 | -€30,146 | -24.6% |
| Current portion of amounts payable after more than one year | 42 | €17,422 | €18,263 | +€841 | +4.8% |
| Financial debts | 43 | - | €17,165 | +€17,165 | |
| Credit institutions | 430/8 | - | €17,165 | +€17,165 | |
| Trade debts | 44 | €55,761 | €41,856 | -€13,905 | -24.9% |
| Suppliers | 440/4 | €55,761 | €41,856 | -€13,905 | -24.9% |
| Advances received on contracts in progress | 46 | €32,808 | €10,606 | -€22,202 | -67.7% |
| Taxes, remuneration and social security | 45 | €11,927 | €152 | -€11,775 | -98.7% |
| Taxes | 450/3 | €11,927 | €152 | -€11,775 | -98.7% |
| Other amounts payable | 47/48 | €4,385 | €4,115 | -€270 | -6.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,755 | €16,704 | +€1,950 | +13.2% |
| Other operating charges | 640/8 | €1,636 | €1,878 | +€242 | +14.8% |
| Non-recurring operating charges | 66A | €62 | €719 | +€658 | +1,069% |
| Gross operating margin | 9900 | -€864 | €22,456 | +€23,320 | |
| Operating profit (loss) | 9901 | -€17,317 | €3,154 | +€20,471 | |
| Financial income | 75/76B | €0 | €0 | -€0 | -5.0% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -5.0% |
| Financial charges | 65/66B | €6,620 | €10,454 | +€3,834 | +57.9% |
| Recurring financial charges | 65 | €6,620 | €10,454 | +€3,834 | +57.9% |
| Profit (loss) for the period before taxes | 9903 | -€23,937 | -€7,300 | +€16,637 | +69.5% |
| Income taxes | 67/77 | €143 | €106 | -€37 | -26.2% |
| Profit (loss) for the period | 9904 | -€24,080 | -€7,405 | +€16,675 | +69.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€24,080 | -€7,405 | +€16,675 | +69.2% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 26 October 2026 via checked.be.